California-based digital services firm UST Global has acquired Pneuron, an eight-year-old technology startup in Massachusetts focused on platform development, integration, and maintenance.
UST Global hopes the purchase will improve the efficiency it can offer clients when instituting new applications, data orchestration strategies, systems architecture, and protocols as they add tech and data-centric solutions to their operations.
The firm also believes that the capabilities Pneuron can bring to bear will be useful as more AI and cognitive technologies come to market.
“The next generation artificial intelligence and machine learning applications require powerful ETL, better data quality, and transformation capabilities which can be ramped up quickly,” said Adnan Masood, chief architect of AI and machine learning at UST Global.
Masood added that the acquired assets, including analytics-based solutions, can bring “strategic value to help clients, as a differentiator, with cost leadership and focus.”